GM Q3 net income surges 151 percent to 3.3 billion dollars
General Motors reported a 151 percent increase in third quarter net income to 3.3 billion dollars despite lower overall vehicle sales. The automaker announced a new 20 billion dollar share repurchase program.
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GENERAL MOTORS CO posted a net income of $3.3B, up 151% in the third quarter, even as overall United States sales dipped 5.5% to 670,974 vehicles.
